Total mortgage with insurance payment is 680 a month. 

Does the firm have engineering licenses with the State Authorities, proper licenses overall, and proper insurance?

On the east side, in Redmond, we are currently living in a property worth probably 1.6 with about 600K outstanding - and a monthly payment of about 4K including mortgage, insurance, property taxes etc.Looking to leave the area.Does it make sense to rent it out given that I’ll probably get 4K in rent?

Do these include insurance?

  $70K loan with 15% down ($10,500) + $2,500 closing + $500 title +$450 appraisal = just under $14,000

@Steven Werner What insurance carriers have you tried to work with thus far?

I'm on the lookout for investor-friendly title companies and lawyers.

The original loan was an owner-occupied FHA loan.3) I also plan to ask the lender to remove the mortgage insurance (FHA loan), since with the value add, I should have more than 20% equity.

The "sweat equity" will come from me finding fix and flip deals and working with a team I've assembled (agents, attorney, contractors, insurance agents, etc.) to closing deals.

Is it possible for them to add me (the child) to the title of the new CA house while preserving the 1031?